Our firm is widely experienced in representing both claimants and defendants in various class actions, concerning the capital markets and controlling entities of publicly held companies, client-bank relationship as well as consumer rights procedures. Our experience has grown with the growth of this field, as it evolved in the recent years, and we have become a prominent household name in the class actions arena.
Our clients include some of the largest corporations in the Israeli market, including commercial entities, governmental authorities, and financial entities. We provide legal counsel through the various stages of the class actions, including throughout the initial and highly significant stage of recognizing or disqualifying, as the case may be, such claim by court as qualified for class action.
Our firm represents IDB Development Corporation Ltd., a subsidiary of IDB Holding Corporation Ltd. one of Israel's largest holdings concerns, in a claim brought against it by former shareholders with respect to a Full (self) Tender Offer consummated on February 2009, as well as in the motion to approve the said claim as a Class Action Claim in the total amount of NIS 260,000,000.
Our firm represents the claimants in the largest class action claim held in the Israeli judicial system to date, against the international company Phillip-Morris for an estimated amount of over US$ 2,000,000,000. The claim is against Phillip-Morris' false presentation of "light" cigarettes which contain a decreased amount of nicotine.
Our firm represented the Israeli credit card company C.A.L in a class action claim held against it by one of its credit card holders, making claims in connection with charges made following electronic transactions performed via the website. Recently, the claim was denied.
Our firm represents Tadiran Consumer Products Ltd, a leading air-conditioning company, in a claim brought against it in the amount of NIS 135,000,000, for alleged misrepresentation. The claim was denied, and the plaintiff's appeal to the Israeli Supreme Court is still pending.